Insurance Australia Group (OTCMKTS:IAUGY) Shares Up 2.9% – Should You Buy?

Insurance Australia Group Limited (OTCMKTS:IAUGY) was up 2.9% during mid-day trading on Wednesday . The stock traded as high as $26.96 and last traded at $26.96. Approximately 194 shares traded hands during trading, a decline of 78% from the average daily volume of 877 shares. The stock had previously closed at $26.20.

Insurance Australia Group Trading Down 8.8 %

The stock’s fifty day simple moving average is $25.50 and its 200 day simple moving average is $24.28.

Insurance Australia Group Company Profile

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.